Germany’s economy unexpectedly contracted in the second quarter of 2023, raising concerns about a potential recession. The country’s gross domestic product (GDP) declined by 0.1% compared to the previous three months, according to preliminary data …
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Lufthansa Cuts 2024 Profit Target Amidst Operational Struggles and Low Yields
German airline group Deutsche Lufthansa has slashed its 2024 earnings guidance, citing low yields in Asia and operational problems at home. The company now expects adjusted 2024 earnings before interest and taxes between €1.4 billion …
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